JudeJin

Roger Wiegand: $2,960 Gold on the Horizon?

$800/ounce in 1980 priced gold between the prices that could be arrived by backing US M0 and M1 with fed gold reserve.

so an reasonable guess is that this time gold will rise to between 3000 to 6000 dollars per ounce.

of course, that's just US's M0 and M1. if japan or UK goes into default or hyperinflation, it could be way higher than 6000/ounce.

Dispelling Myths About the Stock Market and Precious Metals

the title of the article is much taller than the content, which dispels nothing.

South African Gold Stocks: No Margin of Safety

"While I understand that the value of gold and silver mining companies is miniscule compared to say J.P. Morgan, there is the issue of compensation during the time that you wait for the industry to be recognized for its true value. This is where I'm interested in the dividend for gold and silver companies. Simply being "low priced" isn't enough to get me to throw caution to the wind."

so i guess you do believe in the value in the gold/silver mines. but your obssessive concern with dividends prevents you from buying them right now.

i predict that they'll start to pay handsome dividends several years down the road when the gold price is much higher and their stock prices are much higher too. if you insists on seeing dividends before buying, you'll probably miss the whole show. i guess you'll insist that you'd rather miss it than violate your principles.

investing is not about principles. it is about risk and return.

currently, the upside in gold/silver mines is far outweighing the downside.

South African Gold Stocks: No Margin of Safety

the market cap of jp morgan alone equals to all of the gold miners listed in the US combined!

try to compare this with where it was in the late 1960s, you'll definitely find the opposite answer.

there's too much margin of safety in the gold/silver miners nowadays than any time in history!

South African Gold Stocks: No Margin of Safety

i think the reason that the dividends are not there this time around is because the gold miners were almost detroyed during 1980 until recently. abx just lost $5 billion hedging(betting) gold futures. had abx simply didn't hedge, abx should have been paying handsome dividends in the past 3 years!

before nixon got rid of gold standard, the gold miners had been doing far better than they did during 1980-2000

A Golden Investment in 2009 and Beyond

i think everybody need to revisit history. gold was money and was not a speculative metal until humans abondoned the gold standard.

but with or without gold standard, gold is still a strategic reserve at all central banks.

it is still a perfect hedge against rotten fiat money.